Guangzhou Automobile Group Co (SHSE:601238) Cyclically Adjusted PB Ratio: 0.55 (As of Sep. 08, 2026) — 71% Below Median

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SHSE:601238 Guangzhou Automobile Group Co Ltd SHSE:601238
50 GF Score
Price ¥5.20
GF Value ¥8.39
Valuation Possible Value Trap
! 7 Warning Signs
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What is Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio?

Guangzhou Automobile Group Co SHSE:601238 +1.17% 50 Cyclically Adjusted PB Ratio is 0.55 as of Sep. 08, 2026, which is 71% below its 10-year median of 1.87. GuruFocus rates SHSE:601238 with a GF Score™ of 50/100 and a GF Value™ of ¥8.39 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 925 Vehicles & Parts companies, Guangzhou Automobile Group Co ranks better than 75.78% on this metric.

As of today (2026-09-08), Guangzhou Automobile Group Co's current share price is ¥5.20. Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥9.39. Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio for today is 0.55.

The historical rank and industry rank for Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SHSE:601238' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.87   Max: 5.19
Current: 0.55

During the past years, Guangzhou Automobile Group Co's highest Cyclically Adjusted PB Ratio was 5.19. The lowest was 0.54. And the median was 1.87.

SHSE:601238's Cyclically Adjusted PB Ratio is ranked better than
75.78% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs SHSE:601238: 0.55

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Guangzhou Automobile Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was ¥9.846. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥9.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Automobile Group Co  (SHSE:601238) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Related Terms


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Chart

Guangzhou Automobile Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 1.58 1.13 1.11 0.90

Guangzhou Automobile Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.85 0.90 0.77 0.54

SHSE:601238 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio falls into.


SHSE:601238
50GF Score
Guangzhou Automobile Group Co Ltd SHSE:601238
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.20/9.39
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Guangzhou Automobile Group Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.846/121.3631*121.3631
=9.846

Current CPI (Jun. 2026) = 121.3631.

Guangzhou Automobile Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.770 102.565 5.644
201612 4.848 103.225 5.700
201703 5.292 103.335 6.215
201706 5.449 103.664 6.379
201709 5.682 103.994 6.631
201712 6.787 104.984 7.846
201803 7.182 105.973 8.225
201806 7.186 106.193 8.213
201809 7.395 106.852 8.399
201812 7.481 107.622 8.436
201903 7.768 108.172 8.715
201906 7.680 109.601 8.504
201909 7.767 110.260 8.549
201912 7.827 110.700 8.581
202003 7.820 110.920 8.556
202006 7.880 110.590 8.648
202009 8.114 107.512 9.159
202012 8.147 109.711 9.012
202103 8.388 111.579 9.123
202106 8.469 111.360 9.230
202109 8.470 109.051 9.426
202112 8.703 112.349 9.401
202203 9.293 113.558 9.932
202206 9.433 113.448 10.091
202209 9.596 113.778 10.236
202212 10.799 114.548 11.442
202303 10.956 115.427 11.519
202306 10.914 115.647 11.453
202309 11.014 116.087 11.515
202312 11.031 117.296 11.414
202403 11.159 117.735 11.503
202406 11.086 117.296 11.470
202409 10.983 118.615 11.237
202412 11.058 118.945 11.283
202503 11.119 119.384 11.303
202506 10.913 119.055 11.125
202509 10.830 119.934 10.959
202512 10.320 120.704 10.376
202603 10.223 121.473 10.214
202606 9.846 121.363 9.846

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.55 mean?
Guangzhou Automobile Group Co (SHSE:601238) has a Cyclically Adjusted PB Ratio of 0.55 as of Sep. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Guangzhou Automobile Group Co and its competitors. This is 71% below median its historical median of 1.87. Over the past decade, Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio has ranged from 0.54 to 5.19. According to the industry distribution chart, Guangzhou Automobile Group Co ranks #224 out of 925 companies in the Vehicles & Parts industry, placing it in the top 24.2%.
Is Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio too high?
Guangzhou Automobile Group Co's current Cyclically Adjusted PB Ratio of 0.55 is 71% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 5.19. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Guangzhou Automobile Group Co's value of 0.55 is 54.9% below this industry median. Based on the distribution chart, Guangzhou Automobile Group Co ranks #224 out of 925 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Guangzhou Automobile Group Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Guangzhou Automobile Group Co ranks #224 out of 925 companies for Cyclically Adjusted PB Ratio. This places Guangzhou Automobile Group Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. Guangzhou Automobile Group Co's value of 0.55 is 54.9% below this benchmark. Historically, Guangzhou Automobile Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 5.19 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.22, Guangzhou Automobile Group Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.22, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guangzhou Automobile Group Co's current Cyclically Adjusted PB Ratio of 0.55 is 54.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Guangzhou Automobile Group Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Automobile Group Co's current Cyclically Adjusted PB Ratio is 0.55, which is 71% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Automobile Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Automobile Group Co (SHSE:601238) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.39, compared to a current price of ¥5.20 — trading 38% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 71% below median its 10-year median of 1.87 and 54.9% below the Vehicles & Parts industry median of 1.22. Guangzhou Automobile Group Co's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Guangzhou Automobile Group Co (SHSE:601238), the current Cyclically Adjusted PB Ratio is 0.55 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Guangzhou Automobile Group Co (SHSE:601238) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Automobile Group Co stock appears to be undervalued. The current stock price of ¥5.20 is trading 38% below its estimated GF Value™ of ¥8.39. GuruFocus considers Guangzhou Automobile Group Co to be Possible Value Trap.

Key valuation signals for SHSE:601238:

  • Cyclically Adjusted PB Ratio: 0.55 (71% below median its 10-year median of 1.87)
  • GF Value™: ¥8.39 vs. price of ¥5.20 (38% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 54.9% below the Vehicles & Parts median (#224 of 925)

No single metric tells the full story. See the SHSE:601238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Automobile Group Co Business Description

Address 18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The Company's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.
50GF Score

Get the complete analysis for SHSE:601238

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.20
Price
¥8.39
GF Value